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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: regli who wrote (45585)	1/31/2006 10:52:39 PM
From: mishedlo	Respond to of 116555

Citibank raises prime lending rate to 7.5 pct Tuesday, January 31, 2006 11:56:03 PM afxpress.com NEW YORK (AFX) - Citibank said it raised its prime lending rate by one quarter percentage point to 7.5 pct The move was followed by Bank of America and other major banks Earlier, the US Federal Reserve announced an increase in its target for the benchmark federal funds rate to 4.5 pct from 4.25 pct